GOALS GOING FORWARD:

1) Be specific in your watchlist and trade plan - take all the indicators in consideration, 

Pattern - breakout, fgd, frd....

Volume - big volume relative stock, avoid multi-day breakout on low volume...

Catalyst - hot sector , news....

RR - at least 1 to 5 there is room for error...

Trigger Vs Risk - identify the key levels on the chart

Target - round levels, $5 super important. $1, $10, 0.1, 0.005, 2, 4 ...

Market condition 

Time of day - pre market avoid at all cost

Behavior and History - avoid 1 day failed spikers , ONLY multi-day runners

Price range - focus on penny stocks, avoid big caps.

Share structure - float. mkt cap ideally low

Dilution profile - ideally low, warrants can be a resistance level, overnight risk with offering..

 

2) Minimize to the best 4 opportunities Max - the worst performance when

 I have so many stocks to watch.

 

3) Common mistakes - In & Out, Not sticking to risk, too early(anticipation)  -->

it's all starts due to low quality of plan, if you are not sure there is a reason so 

Don't take the trade, Wait!!

 

4) Look for singles - Avoid home runs swings for multiple days, doesn't fits 

my personality.

 

Recent Multi-day breakouts examples  = 

continue for at least 2 days after breakout : QUBT, QBTS

DXYZ*, KULR*, LAES*, BTQQF*

failed next day after breakout: RGTI, QMCO, QSI , SOUN, PDYN, FNMA, RZLV, OPTT,

RR, KITT

 

Recent First green days examples = 

LAES, KULR, ABAT, KITT, NITO

HOLO(failed - terrible stock)